My fintech empire.

Chapter 1236 [Virtual Film and Television Plaza]

Chen Yu looked at Fang Hong and said, "Then we have to promote the engineering infrastructure construction of computing centers and data centers on a large scale under the existing computing architecture system. The investment scale is not small, and it must start with trillion-level units."

Fang Hong thought for a moment without much hesitation and said straightforwardly: "Let's do it. It will cost a huge amount of money, but Qunxing can still afford it. We will invest 1 trillion yuan every year to build new computing centers and data centers, a total of 7 trillion yuan."

Everyone present had seen big events before, but they couldn't help smacking their lips when they heard the big boss casually say a 7 trillion investment plan. However, it was indeed affordable for Qunxing Capital. After all, it was not a one-time investment of 7 trillion, but a trillion per year, and it would take seven years to spend the money.

In seven years, it is impossible for Qunxing to stand still and it will inevitably continue to grow and develop. With such strong capital strength today, it does not even need to use financial leverage.

Fang Hong said calmly: "How can we raise these 2 trillion yuan? The size of the first phase of the wealth fund is very large, and we can take out trillion yuan. The second phase can also start the fundraising plan. We can raise trillion yuan, trillion yuan will enter the SGX stock market, and the remaining trillion yuan will be used to invest in the construction of a computing power data center."

The wealth fund that was set up before has now reached the time to make efforts in the real sector. A lot of people are willing to give their money to Fang Hong with the funds raised from the private sector. Moreover, with Fang Hong's current credit and reputation, no one will say anything if the funds raised are used for long-term investment. Even people who don't understand will choose to believe in his professionalism and credit.

In 2015, some people did not believe it. Jian was a typical example. He suffered heavy losses and was even sent to the hot search. On the contrary, those who have been holding on to wealth fund financial products and not redeeming them have now received generous returns.

Even if we take a step back and face a massive wave of redemptions, Qunxing Capital will have the leverage it has not used to provide a safety net.

Fang Hong said in an orderly manner: "The first and second phases of the Wealth Fund can take out 3 trillion yuan, and Qunxing will directly invest 2 trillion yuan. This will solve the 5 trillion yuan funding problem. There is still a 2 trillion yuan funding gap left. You can each share 1 trillion yuan, and introduce the remaining 1 trillion yuan to market investment institutions. If no one wants to play with us, Qunxing will make up for the 1 trillion yuan."

Qin Feng, Chen Yu and others present nodded one after another. The big boss had started making arrangements directly, which was equivalent to setting the main tone for the strategic direction. Everyone had to work together in the same direction.

This 7 trillion yuan investment is absolutely enormous. Computing power facilities are also infrastructure and engineering facilities. I don’t know how many jobs and economic growth they will create. It will also give rise to a large number of related companies and their listing on the SGX. The related companies that have already listed on the SGX will also receive full orders, pushing up their stock prices.

Moreover, this matter cannot be delayed and must be started this year. The sooner it is done, the more computing power resources can be provided to the market.

Once full firepower is unleashed and the computing infrastructure construction frenzy is fully promoted, it will definitely contribute a huge growth point to the country's GDP starting this year, and it is very likely to increase the annual national GDP growth rate to more than 9%.

You have to know that this is a 7 trillion plan, not 70,000 yuan. It is definitely one of the heavyweight engines to stimulate economic growth.

Obviously, investing so much money is not just for the successful launch of Xingyu Technology's VR headset terminal, but to jointly promote the revitalization of a new virtual world industry chain. VR headset equipment is just a link in this industry chain.

Finally, Fang Hong turned to Hou Junda and asked, "By the way, what new work does your Yixing Video have in this area?"

Hou Junda was slightly inspired when he heard what the big boss said, and immediately said: "In terms of immersive virtual scene experience, we have also made similar upgrades like WeChat. You can log in to Yixing Video to have a look..."

Upon hearing this, Fang Hong immediately opened a projection screen, which was the desktop of the VR headset. He clicked on the Yixing Video application.

At this time, Hou Junda introduced to him: "After switching to the immersive virtual experience, the homepage of Yixing Video has changed from a two-dimensional plane to a large 3D film and television plaza. Users can also have their own personal virtual image on the Yixing Video platform."

After a while, Fang Hong and others switched to an immersive three-dimensional scene. After loading for a while, the newly presented picture had left the WeChat chat room and turned to a large square space.

This place has a surreal futuristic feel and is very imaginative and creative. Fang Hong saw movies, TV series, animation, variety shows and other classified items in this film and television plaza. These were classified in the two-dimensional interface on the PC desktop, but in this three-dimensional film and television plaza, they became three-dimensional and concrete entrances.

The most eye-catching thing on the square is the Yixin Video LOGO icon standing in the middle. The layout of the film and television square is highly similar to that of a real movie theater. There are advertising spaces in the hall similar to those displayed in movie theaters, which can show popular movies, TV or variety shows.

There are also many tables and chairs for rest in the hall, and users' virtual characters can sit on the stools.

Hou Junda introduced: "If users want to watch a certain video, they only need to operate their virtual characters to enter the corresponding video category entrance. This behavior is equivalent to clicking on a certain video category page on the PC desktop. Including those video display positions in the film and television square, as long as you click on a category, it will become the content that mainly displays videos in that category."

"Users can also use the first-person perspective to operate the two-dimensional page in the same way as on a PC. They can watch videos, search, etc., just like on a mobile phone or computer. In addition, we have also developed an online immersive viewing experience for a virtual cinema..."

Hou Junda immediately introduced this function to everyone. After a while, the scene switched again. The new scene was a movie theater. The virtual characters represented by Fang Hong and others came to the auditorium and found a seat to sit down.

At this moment, Hou Junda introduced incessantly: "A major feature of the virtual cinema is that you can watch movies together. Of course, the essence of the fact that we can sit here and watch movies together is the number of people watching online at the same time on the computer, but the virtual cinema displays the number of people watching online at the same time through the user's personal virtual image, so that you and I can 'see' each other, and the immersive viewing experience is thus upgraded."

"Moreover, the audio-visual experience of watching movies in a virtual cinema is basically the same as that in a movie theater. Dolby Atmos and other features can be achieved, and it will be more comfortable for the user. With a head-mounted display terminal device, you can watch it while sitting, leaning or lying down at home. In short, you can watch it in any posture that is comfortable for you without any scruples."

"The most important thing is that the virtual cinema on the Yixing video platform can be watched at any time, and you can press the pause button at any time, which is not possible in offline cinemas."

"If you think there are too many people, you can block other users and watch the movie alone, or you can invite some friends to watch the movie online together. If you like a lively atmosphere, you can also open a bullet screen to communicate. The communication method can also be in the form of text bubbles. For example, if a user enters a text and sends it out, a text bubble will pop up directly above his virtual character's head to show the text content he expressed."

When it came to this, Hou Junda demonstrated it on the spot. He typed in a few numbers and sent them out. Fang Hong saw a text bubble appear above the head of Hou Junda's virtual character, displaying text. After a while, the text bubble disappeared.

Fang Hong nodded: "The film and television section is well done. Although it is a pseudo-virtual world, the upgrade from a two-dimensional plane and third-person perspective to a three-dimensional first-person perspective is enough to amaze the world. The immersive sense of substitution can still be regarded as a qualitative breakthrough."

……

(End of this chapter)